About Term Finance

Backed by top-tier investors including a16z, Coinbase, Circle, and Maelstrom (Arthur Hayes), Term Finance is a leading-edge, noncustodial protocol for fixed-rate lending and borrowing.

Using an innovative on-chain auction model, term provides secure, scalable liquidity to fixed-term, crypto-backed loans.

Term Meta Vault Overview

• Target Raise: $50M USDC (Currently, $25M+ Soft Committed)
• Launch Date for Contributions: Dec 1, 2024

Meta Vault Benefits

• Term is launching a passive lending vault (similar to Morpho vaults) built on top of Yearn V3 and managed by reputable third-party risk curators to bootstrap supply-side liquidity for Term. Idle liquidity pending deployment is deposited into blue-chip lending protocols like Aave. All vaults are further subject to the following constraints:

• Managed Risk: Vaults operate under strict liquidity and collateralization controls, including:
  • Liquidity Reserve Ratios
  • Maturity and Concentration Caps
  • Minimum Collateral Ratios

Prior Fundraising Round

• Previous Round Valuation: $67M FDV, with notable investors such as a16z and CSX
• Current FDV Target: $100M
• Token price: 1$

USDC Vault